Where was oil back in 87? Mid 20's wasn't it? SO we have had a $50/barrel tax effectively placed on global economic growth. Plus a $7-8 MMBtu tax on natural gas! 200% on iron ore. 200% on uranium. Need I go on! And no sign of this inflation relenting unless there is a damn crash! We are approaching capacity constraints of resources needed to underwrite economic growth! Noone fully understands how bad things could really get! Particularly if oil and gas rally again to beyond $70/barrel. '87 was a walk in the park! There was plenty of cheap oil and gas left to be used to pick up the pieces.
Where was oil back in 87? Mid 20's wasn't it? SO we have had a...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$6.46 |
Change
0.025(0.39%) |
Mkt cap ! $4.318B | |||
| Open | High | Low | Value | Volume |
| $6.45 | $6.48 | $6.43 | $183.2K | 28.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1396 | $6.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.46 | 695 | 8 |
View Market Depth
| Last trade - 10.35am 04/07/2025 (20 minute delay) ? |
| DOW (ASX) Chart |